Solutions to in-calss exercises_Chapter 3

Solutions to in-calss exercises_Chapter 3 - (A $102.5977(B...

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1 Solution to in-class exercise 1  Answer D     Since the price of a Treasury bond is  quoted in percent and 32nds of one  percent of par value (of $100), the five  price quotes given can be converted to   dollar prices of $102.3828 
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Unformatted text preview: (A) , $102.5977 (B) , $102.8867 (C) , $102.9922 (D) , and $102.0918 (E), respectively 2 Solution to in-class exercise 2 Answer B $2,025 = × + × ) 2 % 4 ( ) 2 % 5 . 2 1 ( 000 , 100 $...
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This note was uploaded on 05/01/2011 for the course ADMS 4504 taught by Professor Lee during the Fall '08 term at York University.

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Solutions to in-calss exercises_Chapter 3 - (A $102.5977(B...

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